Bitcoin’s negative open to December shows bears’ plan to pull BTC to the $80,000 support. Analysts are now calling for a bull market to end with a drop to $70,000 and below.
Key points:
Bitcoin is facing significant selling at the start of the new week, with some analysts expecting a drop as low as $50,000.
Several altcoins turned down from their overhead resistance and are threatening to dip below their support levels.
